Money Archives

Netflix says it won’t air state TV channels in Russia

February 28, 2022 4:10 PM CNN Newssource

By Frank Pallotta, CNN Business Netflix is refusing to air Russian state TV channels in the country — something that the streamer would have been…

Russia's President Vladimir Putin attends a press conference with his Belarus counterpart

How much is Vladimir Putin worth? Almost no one knows for sure

February 28, 2022 3:50 PM CNN Newssource

By Allison Morrow, CNN Business The US and its European allies on Friday announced new sanctions on Russian President Vladimir Putin, in a rare move…

General Motors is joining a host of other companies in cutting off its business with Russia.

GM stops exporting cars to Russia

February 28, 2022 3:44 PM CNN Newssource

By Peter Valdes-Dapena, CNN Business General Motors is joining a host of other companies in cutting off its business with Russia. The Detroit-based…

Big Tech cracks down on Russian state media content amid mounting pressure

February 28, 2022 3:21 PM CNN Newssource

By Brian Fung, CNN Business Facebook, Twitter and YouTube are all taking tougher stances on content from Russian state media amid intensifying…

Airbnb is offering free short-term housing for up to 100

Airbnb offering free temporary housing for up to 100,000 Ukrainian refugees

February 28, 2022 3:15 PM CNN

By Jennifer Korn, CNN Business Airbnb is offering free short-term housing for up to 100,000 Ukrainians who have been displaced by the war with…

Airbnb offering free temporary housing for up to 100,000 Ukrainian refugees

February 28, 2022 1:43 PM CNN Newssource

By Jennifer Korn, CNN Business Airbnb is offering free short-term housing for up to 100,000 Ukrainians who have been displaced by the war with…

Prices at a Shell gas station in San Francisco

Diesel just hit $4 a gallon. Here’s why that will cost you

February 28, 2022 1:28 PM CNN Newssource

By Chris Isidore, CNN Business The price of diesel hit $4 a gallon over the weekend for the first time in nearly eight years. And that means US…

A Sayda compressor station connecting the Czech Gazela pipeline with German OPAL pipeline is shown in Germany

What if Moscow turns off the gas as the Ukraine conflict deepens?

February 28, 2022 11:51 AM CNN Newssource

By Julia Horowitz, CNN Business If Russia halts its supply of gas to Europe to retaliate against the punishing sanctions for its invasion of Ukraine,…

The tanker Sun Arrows loads its cargo of liquefied natural gas from the Sakhalin-2 project in the port of Prigorodnoye

Shell follows BP out of Russia as oil companies abandon Putin

February 28, 2022 11:31 AM CNN Newssource

By Mark Thompson, CNN Business Shell is getting out of Russia and ditching its joint ventures with Gazprom, including its involvement with the…

Bins move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville

Amazon will no longer require US warehouse employees to wear masks

February 28, 2022 11:05 AM CNN Newssource

By Sara Ashley O’Brien, CNN Business Amazon will no longer require its US warehouse employees to wear face masks in states where local laws do…

The Great Resignation and the pandemic have left an indelible mark on America's workforce.

Welcome to Diversifying, a new money podcast for a changing world

February 28, 2022 10:00 AM CNN Newssource

By Delyanne Barros for CNN Business The Great Resignation and the pandemic have left an indelible mark on America’s workforce. While many have…

Discovery confirmed that Chris Licht will become the new head of CNN when Discovery and WarnerMedia merge in spring 2022.

Chris Licht introduces himself to CNN as its next CEO

February 28, 2022 9:05 AM CNN Newssource

By Brian Stelter, CNN Business Discovery on Monday confirmed that Chris Licht will become the new head of CNN when Discovery and WarnerMedia merge…

Estée Lauder fires a senior executive for offensive Instagram post

February 28, 2022 8:38 AM CNN Newssource

By Jordan Valinsky, CNN Business Estée Lauder has fired John Demsey, a senior executive at the makeup company, for an offensive Instagram post on…

Target announced that it is raising its starting wage for workers in some positions to up to $24.

Target boosts its starting pay for some jobs to $24 an hour

February 28, 2022 8:55 AM CNN Newssource

By Parija Kavilanz, CNN Business Target announced Monday that it is raising its starting wage for workers in some positions to up to $24. The…

Russian President Vladimir Putin enters a hall before a meeting with members of the Security Council via a video link in Moscow

The war in Ukraine has made Russian assets toxic

February 28, 2022 6:33 AM CNN Newssource

By Julia Horowitz, CNN Business In less than a week, Russian assets have become practically untouchable for Western investors, who see no reason to…

Shoppers wear protective masks at a grocery store in Washington

Inflation will be worse than feared this year, Goldman Sachs predicts

February 28, 2022 7:28 AM CNN Newssource

By Matt Egan, CNN Business Red-hot inflation in the United States may not cool off this year as much as many hoped, Goldman Sachs cautioned in a new…

Meta says it’s shut down a pro-Russian disinformation network, warns of a social media hacking operation

February 28, 2022 6:56 AM CNN Newssource

By Brian Fung, CNN Facebook’s parent Meta said Monday it has caught dozens of fake, pro-Russian accounts, groups and pages across its platforms…

Oleg Deripaska at a corporate event in Russia on December 17

Two Russian oligarchs call for an end to Putin’s war

February 28, 2022 6:26 AM CNN Newssource

By Charles Riley, CNN Business Russian billionaires Mikhail Fridman and Oleg Deripaska have broken ranks with the Kremlin and called for an end to…

The West has pledged to remove some Russian banks from SWIFT

What is SWIFT and how is it being used against Russia?

February 28, 2022 4:58 AM CNN Newssource

By Charles Riley, CNN Business The West has pledged to remove some Russian banks from SWIFT, a messaging service that connects financial institutions…

People stand in line to use an ATM money machine in Saint Petersburg

Russia faces financial meltdown as sanctions slam its economy

February 28, 2022 1:49 AM CNN Newssource

By Mark Thompson, Anna Chernova and Vasco Cotovio, CNN Business Russia was scrambling to prevent financial meltdown Monday as its economy was slammed…

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